Finland: Market for PVC Floor, Wall and Ceiling Coverings 2025

Market Size for PVC Floor, Wall and Ceiling Coverings in Finland

In 2022, after two years of growth, there was decline in the Finnish market for PVC floor, wall and ceiling coverings, when its value decreased by -1.9% to $X. In general, consumption, however, enjoyed a remarkable increase. As a result, consumption attained the peak level of $X, and then dropped slightly in the following year.

Production of PVC Floor, Wall and Ceiling Coverings in Finland

In value terms, production of PVC floor, wall and ceiling coverings fell modestly to $X in 2022 estimated in export price. Overall, production faced a abrupt setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 27% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Finland

In 2022, overseas shipments of PVC floor, wall and ceiling coverings increased by 5.9% to X square meters, rising for the second year in a row after two years of decline. Overall, exports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2016 when exports increased by 22%. As a result, the exports reached the peak of X square meters. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of PVC floor, wall and ceiling coverings reduced slightly to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X square meters) was the main destination for exports of PVC floor, wall and ceiling coverings from Finland, accounting for a 74% share of total exports. Moreover, exports of PVC floor, wall and ceiling coverings to the United States exceeded the volume sent to the second major destination, Sweden (X square meters), more than tenfold. Germany (X square meters) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-7.8% per year) and Germany (-4.6% per year).

In value terms, the United States ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Finland, comprising 64% of total exports. The second position in the ranking was taken by Sweden ($X), with an 11% share of total exports. It was followed by Germany, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-4.4% per year) and Germany (-12.1% per year).

Export Prices by Country

The average export price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, with a decrease of -6.1% against the previous year. Over the period under review, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs at $X per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per square meter), while the average price for exports to Turkey ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Finland

After two years of growth, overseas purchases of PVC floor, wall and ceiling coverings decreased by -7.7% to X square meters in 2022. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 48% against the previous year. Over the period under review, imports of attained the peak figure at X square meters in 2021, and then contracted in the following year.

In value terms, imports of PVC floor, wall and ceiling coverings reached $X in 2022. Overall, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 with an increase of 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of PVC floor, wall and ceiling coverings to Finland, with a 51% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, Sweden (X square meters), fourfold. The third position in this ranking was taken by Belgium (X square meters), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +51.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+10.2% per year) and Belgium (+15.2% per year).

In value terms, China ($X) constituted the largest supplier of PVC floor, wall and ceiling coverings to Finland, comprising 48% of total imports. The second position in the ranking was held by Sweden ($X), with an 11% share of total imports. It was followed by Belgium, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +45.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+0.6% per year) and Belgium (+15.9% per year).

Import Prices by Country

The average import price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, growing by 9.2% against the previous year. Over the period under review, the import price, however, showed a pronounced decline. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per square meter), while the price for Portugal ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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